----

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| x | Quarterly Report Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934 |
|---|----------------------------------------------------------------------------------------------------|

|  ̈ | Transition Report Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934 |
|--------|-----------------------------------------------------------------------------------------------------|

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| Delaware(State or other jurisdiction ofincorporation or organization)                       | 06-1542480(I.R.S. EmployerIdentification No.) |
|---------------------------------------------------------------------------------------------|-----------------------------------------------|
|                                                                                        |                                          |
| 50 Washington Street, Suite 912Norwalk, Connecticut(Address of principal executive offices) | 06854(Zip Code)                               |
|  (203) 662-2800(Registrant’s telephone number, including area code)              |

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| Large accelerated filer                      o           | Accelerated filer                               o |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Non-accelerated filer                        o | Smaller reporting company             x                                                                                                     |
| (Do not check if a smaller reporting company)                                                                                                                     |                                                                                                                                                                                                    |

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|                          |                                                                                                                                     | Page     |
|-------------------------------|------------------------------------------------------------------------------------------------------------------------------------------|----------|
| PART I. Financial Information |                                                                                                                                     |
|                          |                                                                                                                                     |     |
| Item 1.             | Financial Statements                                                                                                           |     |
|                          |                                                                                                                                     |     |
|                          | Consolidated Condensed Balance Sheets – December 31, 2009 and June 30, 2010 (unaudited)                                  | 3        |
|                          |                                                                                                                                     |     |
|                          | Unaudited Consolidated Condensed Statements of Operations – For the Three Months and Six Months Ended June 30, 2009 and 2010  | 4        |
|                          |                                                                                                                                     |     |
|                          | Unaudited Consolidated Condensed Statements of Cash Flows – For the Six Months Ended June 30, 2009 and 2010                   | 5        |
|                          |                                                                                                                                     |     |
|                          | Notes to Unaudited Consolidated Condensed Financial Statements                                                                 | 6        |
|                          |                                                                                                                                     |     |
| Item 2.                  | Management’s Discussion and Analysis of Financial Condition and Results of Operations                                              | 14       |
|                          |                                                                                                                                     |     |
| Item 3.                  | Quantitative and Qualitative Disclosures about Market Risk                                                                          | 19       |
|                          |                                                                                                                                     |     |
| Item 4.                  | Controls and Procedures                                                                                                        | 19       |
|                          |                                                                                                                                     |     |
| PART II. Other Information    |                                                                                                                                     |
|                          |                                                                                                                                     |     |
| Item 1.                  | Legal Proceedings                                                                                                              | 20       |
|                          |                                                                                                                                     |     |
| Item 1A.                      | Risk Factors                                                                                                                   | 20       |
|                          |                                                                                                                                     |     |
| Item 2.                       | Unregistered Sales of Equity Securities and Use of Proceeds                                                                    | 20       |
|                          |                                                                                                                                     |     |
| Item 3.             | Defaults Upon Senior Securities                                                                                                | 20       |
|                          |                                                                                                                                     |     |
| Item 4.                  | (Removed and Reserved)                                                                                                         |  20 |
|                          |                                                                                                                                     |     |
| Item 5.                  | Other Information                                                                                                              | 20       |
|                          |                                                                                                                                     |     |
| Item 6.                  | Exhibits                                                                                                                       | 20       |
|                          |                                                                                                                                     |     |
| Signatures                    |  21                                                                                                                                 |

----

|                                                                                                                                                     | December 31, 2009 |     |   | June 30,2010 |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------|----------|--------|--------------|--------|
|                                                                                                                                                     |              |     |   | (unaudited)  |   |
| ASSETS                                                                                                                                                   |              |     |   |         |   |
| Current assets:                                                                                                                                          |              |     |   |         |   |
| Cash and cash equivalents                                                                                                                                | $                 | 15,012   |   |         | $      | 13,476 |   |
| Accounts receivable, net of allowances of $90 and $73, respectively                                                                                      |              | 500      |   |         |   | 660 |   |
| Income taxes receivable                                                                                                                                  |              | 2,379    |   |         |   | 844 |   |
| Prepaid expenses and other current assets                                                                                                                |              | 500      |   |         |   | 361 |   |
| Total current assets                                                                                                                                     |              | 18,391   |   |         |   | 15,341 |   |
|                                                                                                                                                     |              |     |   |         |   |   |   |
| Property and equipment, net of accumulated depreciation of $1,800 and $2,043, respectively                                                               |              | 1,086    |   |         |   | 886 |   |
| Intangible assets, net                                                                                                                                   |              | 990      |   |         |   | 1,106 |   |
| Goodwill                                                                                                                                                 |              | 9,495    |   |         |   | 9,500 |   |
| Investments and other assets                                                                                                                             |              | 1,051    |   |         |   | 1,031 |   |
| Assets held for sale                                                                                                                                     |              | 2,000    |   |         |   | 2,000 |   |
| Total assets                                                                                                                                             | $                 | 33,013   |   |         | $      | 29,864 |   |
|                                                                                                                                                     |              |     |   |         |   |   |   |
| LIABILITIES AND STOCKHOLDERS’ EQUITY                                                                                                               |              |     |   |         |   |   |   |
| Current liabilities:                                                                                                                                     |              |     |   |         |   |   |   |
| Accounts payable                                                                                                                                         | $                 | 566      |   |         | $      | 530 |   |
| Accrued payroll and related expenses                                                                                                                     |              | 811      |   |         |   | 568 |   |
| Accrued expenses and other current liabilities                                                                                                           |              | 2,516    |   |         |   | 2,164 |   |
| Deferred revenues                                                                                                                                        |              | 955      |   |         |   | 1,192 |   |
| Total current liabilities                                                                                                                                |              | 4,848    |   |         |   | 4,454 |   |
|                                                                                                                                                     |              |     |   |         |   |   |   |
| Loan from related party                                                                                                                                  |              | 6,197    |   |         |   | 6,047 |   |
| Deferred revenues                                                                                                                                        |              | 92       |   |         |   | 19 |   |
| Deferred income taxes                                                                                                                                    |              | 1,122    |   |         |   | 1,126 |   |
| Other long-term liabilities                                                                                                                              |              | 586      |   |         |   | 644 |   |
| Total liabilities                                                                                                                                        |              | 12,845   |   |         |   | 12,290 |   |
|                                                                                                                                                     |              |     |   |         |   |   |   |
| Commitments and contingencies (see note 13)                                                                                                              |              |     |   |         |   |   |   |
|                                                                                                                                                     |              |     |   |         |   |   |   |
| Stockholders’ equity:                                                                                                                              |              |     |   |         |   |   |   |
| Preferred stock, $.01 par value, 4,000,000 shares authorized, no shares issued                                                                           |              | —  |   |         |   | — |   |
| Common stock, $.01 par value, 75,000,000 shares authorized, 37,060,723 and 37,707,951 shares issued at December 31, 2009 and June 30, 2010, respectively |              | 371      |   |         |   | 377 |   |
| Additional paid-in capital                                                                                                                               |              | 280,556  |   |         |   | 280,841 |   |
| Accumulated deficit                                                                                                                                      |              | (260,680 | )      |         |   | (263,566 | ) |
| Treasury stock, 65,000 shares at cost                                                                                                                    |              | (106     | )      |         |   | (106 | ) |
| Accumulated other comprehensive income                                                                                                                   |              | 27       |   |         |   | 28 |   |
|                                                                                                                                                     |              |     |   |         |   |   |   |
| Total stockholders’ equity                                                                                                                         |              | 20,168   |   |         |   | 17,574 |   |
|                                                                                                                                                     |              |     |   |         |   |   |   |
| Total liabilities and stockholders’ equity                                                                                                         | $                 | 33,013   |   |         | $      | 29,864 |   |

----

|                                                     | Three Months EndedJune 30, |    |    | Six Months EndedJune 30, |
|----------------------------------------------------------|----------------------------|---------|---------|--------------------------|
|                                                     | 2009                       |    |    | 2010                     |   |   | 2009 |   |   | 2010 |   |
| Revenues                                                 | $                          | 1,430   |    |                     | $ | 2,453 |   |   | $ | 2,971 |   |   | $ | 4,357 |   |
|                                                     |                       |    |    |                     |   |   |   |   |   |   |   |   |   |   |   |
| Cost of revenues                                         |                       | 923     |    |                     |   | 1,400 |   |   |   | 2,160 |   |   |   | 2,698 |   |
| Advertising, promotion and selling                       |                       | 377     |    |                     |   | 495 |   |   |   | 981 |   |   |   | 1,024 |   |
| General and administrative                               |                       | 2,130   |    |                     |   | 1,371 |   |   |   | 7,404 |   |   |   | 3,013 |   |
| Depreciation                                             |                       | 162     |    |                     |   | 118 |   |   |   | 342 |   |   |   | 246 |   |
| Amortization                                             |                       | 49      |    |                     |   | 21 |   |   |   | 168 |   |   |   | 32 |   |
| Impairment                                               |                       | — |    |                     |   | — |   |   |   | 662 |   |   |   | — |   |
| Restructuring charge                                     |                       | 308     |    |                     |   | — |   |   |   | 875 |   |   |   | — |   |
|                                                     |                       |    |    |                     |   |   |   |   |   |   |   |   |   |   |   |
| Total operating expenses                                 |                       | 3,949   |    |                     |   | 3,405 |   |   |   | 12,592 |   |   |   | 7,013 |   |
|                                                     |                       |    |    |                     |   |   |   |   |   |   |   |   |   |   |   |
| Operating loss from continuing operations                |                       | (2,519  | )       |                     |   | (952 | ) |   |   | (9,621 | ) |   |   | (2,656 | ) |
| Other income, net                                        |                       | 68      |    |                     |   | 31 |   |   |   | 174 |   |   |   | 39 |   |
| Interest income                                          |                       | 157     |    |                     |   | 196 |   |   |   | 158 |   |   |   | 213 |   |
| Interest expense                                         |                       | (185    | )       |                     |   | (203 | ) |   |   | (1,492 | ) |   |   | (433 | ) |
| Loss on extinguishment of debt                           |                       | — |    |                     |   | — |   |   |   | (2,119 | ) |   |   | — |   |
| Gain (loss) on fair value of interest rate swap          |                       | 438     |    |                     |   | — |   |   |   | (6,732 | ) |   |   | — |   |
|                                                     |                       |    |    |                     |   |   |   |   |   |   |   |   |   |   |   |
| Loss from continuing operations before income taxes |                       | (2,041  | )       |                     |   | (928 | ) |   |   | (19,632 | ) |   |   | (2,837 | ) |
| Provision (benefit) for income taxes                     |                       | 24      |    |                     |   | 17 |   |   |   | (2,851 | ) |   |   | 20 |   |
| Loss from continuing operations                          |                       | (2,065  | )       |                     |   | (945 | ) |   |   | (16,781 | ) |   |   | (2,857 | ) |
| Income (loss) from discontinued operations, net of tax   |                       | 856     |    |                     |   | — |   |   |   | (118 | ) |   |   | — |   |
| Gain (loss) on sale of discontinued operations           |                       | (4      | )  |                     |   | (23 | ) |   |   | 7,017 |   |   |   | (29 | ) |
|                                                     |                       |    |    |                     |   |   |   |   |   |   |   |   |   |   |   |
| Net loss                                                 | $                          | (1,213  | )       |                     | $ | (968 | ) |   | $ | (9,882 | ) |   | $ | (2,886 | ) |
| Income (loss) per share:                                 |                       |    |    |                     |   |   |   |   |   |   |   |   |   |   |   |
| Basic                                                    |                       |    |    |                     |   |   |   |   |   |   |   |   |   |   |   |
| Loss from continuing operations                          | $                          | (0.05   | )       |                     | $ | (0.03 | ) |   | $ | (0.46 | ) |   | $ | (0.08 | ) |
| Income from discontinued operations                      |                       | 0.02    |    |                     |   | — |   |   |   | 0.19 |   |   |   | — |   |
| Net loss                                                 | $                          | (0.03   | )       |                     | $ | (0.03 | ) |   | $ | (0.27 | ) |   | $ | (0.08 | ) |
| Diluted                                                  |                       |    |    |                     |   |   |   |   |   |   |   |   |   |   |   |
| Loss from continuing operations                          | $                          | (0.05   | )       |                     | $ | (0.03 | ) |   | $ | (0.46 | ) |   | $ | (0.08 | ) |
| Income from discontinued operations                      |                       | 0.02    |    |                     |   | — |   |   |   | 0.19 |   |   |   | — |   |
| Net loss                                                 | $                          | (0.03   | )       |                     | $ | (0.03 | ) |   | $ | (0.27 | ) |   | $ | (0.08 | ) |
| Shares used in computing income (loss) per share:        |                       |    |    |                     |   |   |   |   |   |   |   |   |   |   |   |
| Basic                                                    |                       | 36,399  |    |                     |   | 37,493 |   |   |   | 36,155 |   |   |   | 37,340 |   |
| Diluted                                                  |                       | 36,399  |    |                     |   | 37,493 |   |   |   | 36,155 |   |   |   | 37,340 |   |

----

|                                                                        | Six Months EndedJune 30, |    |
|-----------------------------------------------------------------------------|--------------------------|---------|
|                                                                        | 2009                     |    |   | 2010 |   |
| Cash flows from operating activities:                                       |                     |    |   |   |   |
| Net loss                                                                    | $                        | (9,882  | ) |   | $ | (2,886 | ) |
| Less: Loss from discontinued operations, net of tax                         |                     | (118    | ) |   |   | — |   |
| Less: Gain (loss) on sale of discontinued operations                        |                     | 7,017   |   |   |   | (29 | ) |
| Loss from continuing operations                                             |                     | (16,781 | ) |   |   | (2,857 | ) |
| Adjustments to reconcile net loss to net cash used in operating activities: |                     |    |   |   |   |   |   |
| Loss on fair value of swap                                                  |                     | 6,732   |   |   |   | — |   |
| Impairment                                                                  |                     | 662     |   |   |   | — |   |
| Depreciation and amortization                                               |                     | 510     |   |   |   | 278 |   |
| Stock-based compensation                                                    |                     | 1,890   |   |   |   | 82 |   |
| Other income, net                                                           |                     | (151    | ) |   |   | — |   |
| Amortization of debt issuance costs                                         |                     | 3       |   |   |   | 45 |   |
| Loss on extinguishment of debt                                              |                     | 2,119   |   |   |   | — |   |
| Deferred income taxes                                                       |                     | (2,842  | ) |   |   | 4 |   |
| Changes in assets and liabilities (net of businesses acquired):             |                     |    |   |   |   |   |   |
| Accounts receivable, net                                                    |                     | (69     | ) |   |   | (159 | ) |
| Prepaid expenses and other assets                                           |                     | 1,513   |   |   |   | 113 |   |
| Income taxes receivable                                                     |                     | 975     |   |   |   | 1,535 |   |
| Accounts payable, accrued expenses and other liabilities                    |                     | (2,068  | ) |   |   | (608 | ) |
| Deferred revenues                                                           |                     | (350    | ) |   |   | 164 |   |
| Discontinued operations                                                     |                     | 1,533   |   |   |   | (29 | ) |
| Net cash used in operating activities                                       |                     | (6,324  | ) |   |   | (1,432 | ) |
| Cash flows from investing activities:                                       |                     |    |   |   |   |   |   |
| Purchases of property and equipment                                         |                     | (52     | ) |   |   | (27 | ) |
| Acquisitions of assets and other                                            |                     | (1,577  | ) |   |   | (135 | ) |
| Proceeds from sale of discontinued operations                               |                     | 91,205  |   |   |   | — |   |
| Discontinued operations                                                     |                     | (487    | ) |   |   | — |   |
| Net cash provided by (used in) investing activities                    |                     | 89,089  |   |   |   | (162 | ) |
| Cash flows from financing activities:                                       |                     |    |   |   |   |   |   |
| Borrowings from related party                                               |                     | 7,197   |   |   |   | — |   |
| Settlement of interest rate swap                                            |                     | (6,732  | ) |   |   | — |   |
| Debt issuance costs                                                         |                     | (383    | ) |   |   | — |   |
| Repayment of borrowings from related party                                  |                     | — |   |   |   | (150 | ) |
| Repayment of borrowings under credit facilities                             |                     | (81,213 | ) |   |   | — |   |
| Proceeds from exercise of stock options                                     |                     | 196     |   |   |   | 209 |   |
| Net cash provided by (used in) financing activities                    |                     | (80,935 | ) |   |   | 59 |   |
| Effects of exchange rates on cash                                           |                     | (65     | ) |   |   | (1 | ) |
| Net increase (decrease) in cash and cash equivalents                        |                     | 1,765   |   |   |   | (1,536 | ) |
| Cash and cash equivalents, beginning of period                              |                     | 3,755   |   |   |   | 15,012 |   |
| Cash and cash equivalents, end of period                                    | $                        | 5,520   |   |   | $ | 13,476 |   |

----

----

----

|                     |   | Six Months EndedJune 30, |   |
|--------------------------|--------|--------------------------|--------|
|                     |   | 2009                     |   | 2010 |   |
| Risk-free interest rate  |   | 1.55                     | %      |   | 0.88 | % |   |
| Expected life (in years) |   | 3.5                      |   |   | 2.5 |   |   |
| Dividend yield           |   | 0                        | %      |   | 0 | % |   |
| Expected volatility      |   | 92                       | %      |   | 118 | % |   |

|                                         | Shares    |   |   | WeightedAverageExercisePrice |   |   | WeightedAverageRemainingContractualTerm (years) |   |   | AggregateIntrinsicValue(in thousands) |   |
|----------------------------------------------|-----------|--------|--------|------------------------------|--------|--------|------------------------------------------------------|--------|--------|--------------------------------------------|--------|
| Outstanding at December 31, 2009        | 5,697,758 |   |   | $                            | 1.53   |   |                                                 |   |   |                                       |   |   |   |
| Granted                                      | 25,000    |   |   | $                            | 0.96   |   |                                                 |   |   |                                       |   |   |   |
| Exercised                                    | (647,228  | )      |   | $                            | 0.32   |   |                                                 |   |   |                                       |   |   |   |
| Forfeited, expired or cancelled              | (489,749  | )      |   | $                            | 5.85   |   |                                                 |   |   |                                       |   |   |   |
| Outstanding at June 30, 2010                 | 4,585,781 |   |   | $                            | 1.23   |   |                                                 | 3.33   |   |                                       | $      | 1,767 |   |
| Vested and expected to vest at June 30, 2010 | 4,453,402 |   |   | $                            | 1.25   |   |                                                 | 3.30   |   |                                       | $      | 1,745 |   |
| Exercisable at June 30, 2010                 | 3,377,881 |   |   | $                            | 1.41   |   |                                                 | 2.95   |   |                                       | $      | 1,559 |   |

----

|                                                                            |   | Three Months EndedJune 30, |    |   | Six Months EndedJune 30, |   |
|---------------------------------------------------------------------------------|--------|----------------------------|---------|--------|--------------------------|--------|
|                                                                            |   | 2009                       |    |   | 2010                     |   |   | 2009 |   |   | 2010 |   |
| Loss from continuing operations                                                 |   | $                          | (2,065  | )      |                     | $      | (945 | ) |   | $ | (16,781 | ) |   | $ | (2,857 | ) |
| Gain (loss) from discontinued operations, net of tax                            |   |                       | 856     |   |                     |   | — |   |   |   | (118 | ) |   |   | — |   |
| Gain (loss) on sale of discontinued operations                                  |   |                       | (4      | )      |                     |   | (23 | ) |   |   | 7,017 |   |   |   | (29 | ) |
| Net loss                                                                        |   | $                          | (1,213  | )      |                     | $      | (968 | ) |   | $ | (9,882 | ) |   | $ | (2,886 | ) |
|                                                                            |   |                       |    |   |                     |   |   |   |   |   |   |   |   |   |   |   |
| Basic weighted average number of common shares outstanding                      |   |                       | 36,399  |   |                     |   | 37,493 |   |   |   | 36,155 |   |   |   | 37,340 |   |
| Effect of dilutive stock options                                                |   |                       | — |   |                     |   | — |   |   |   | — |   |   |   | — |   |
| Total basic weighted average number of common shares and dilutive stock options |   |                       | 36,399  |   |                     |   | 37,493 |   |   |   | 36,155 |   |   |   | 37,340 |   |
|                                                                            |   |                       |    |   |                     |   |   |   |   |   |   |   |   |   |   |   |
| Income (loss) per share:                                                        |   |                       |    |   |                     |   |   |   |   |   |   |   |   |   |   |   |
| Basic                                                                           |   |                       |    |   |                     |   |   |   |   |   |   |   |   |   |   |   |
| Loss from continuing operations                                                 |   | $                          | (0.05   | )      |                     | $      | (0.03 | ) |   | $ | (0.46 | ) |   | $ | (0.08 | ) |
| Income from discontinued operations                                             |   |                       | 0.02    |   |                     |   | — |   |   |   | 0.19 |   |   |   | — |   |
| Net loss                                                                        |   | $                          | (0.03   | )      |                     | $      | (0.03 | ) |   | $ | (0.27 | ) |   | $ | (0.08 | ) |
| Diluted                                                                         |   |                       |    |   |                     |   |   |   |   |   |   |   |   |   |   |   |
| Loss from continuing operations                                                 |   | $                          | (0.05   | )      |                     | $      | (0.03 | ) |   | $ | (0.46 | ) |   | $ | (0.08 | ) |
| Income from discontinued operations                                             |   |                       | 0.02    |   |                     |   | — |   |   |   | 0.19 |   |   |   | — |   |
| Net loss                                                                        |   | $                          | (0.03   | )      |                     | $      | (0.03 | ) |   | $ | (0.27 | ) |   | $ | (0.08 | ) |

|                                  | Three and Six MonthsEnded June 30, |   |
|---------------------------------------|------------------------------------|--------|
|                                  | 2009                               |   | 2010 |   |
| Number of anti-dilutive stock options |                               | 6,263  |   |   | 4,586 |   |
| Weighted average exercise price       | $                                  | 1.96   |   | $ | 1.23 |   |

----

|                      |   | December 31, 2009 |   |
|---------------------------|--------|-------------------|--------|
|                      |   | Cost              |   |   | AccumulatedAmortization |   |   | NetCarryingValue |   |
| Content development costs |   | $                 | 72     |   |   | $ | (17 | ) |   | $ | 55 |   |
| Website development costs |   |              | 15     |   |   |   | — |   |   |   | 15 |   |
| Total                     |   | $                 | 87     |   |   | $ | (17 | ) |   | $ | 70 |   |

|                      |   | June 30, 2010 |   |
|---------------------------|--------|---------------|--------|
|                      |   | Cost          |   |   | AccumulatedAmortization |   |   | NetCarryingValue |   |
| Content development costs |   | $             | 120    |   |   | $ | (41 | ) |   | $ | 79 |   |
| Website development costs |   |          | 90     |   |   |   | (7 | ) |   |   | 83 |   |
| Copyrights and trademarks |   |          | 21     |   |   |   | (1 | ) |   |   | 20 |   |
| Total                     |   | $             | 231    |   |   | $ | (49 | ) |   | $ | 182 |   |

| Years Ending December 31: |   |
|--------------------------------|--------|
| 2010                           |   | $ | 49 |   |
| 2011                           |   |   | 80 |   |
| 2012                           |   |   | 43 |   |
| 2013                           |   |   | 10 |   |
| 2014                           |   |   | — |   |
|                           |   | $ | 182 |   |

|         |   | December 31,2009 |   |   | June 30,2010 |   |
|--------------|--------|------------------|--------|--------|--------------|--------|
| Domain names |   | $                | 920    |   |         | $      | 924 |   |

----

| Balance as of December 31, 2009 |    | $      | 9,495 |    |
|---------------------------------|--------------|--------|-------|--------------|
| Purchase price adjustments      |         |   | 5     |         |
| Balance as of June 30, 2010     |         | $      | 9,500 |         |

|                                                                   | December 31,2009 |    | June 30,2010 |   |
|------------------------------------------------------------------------|------------------|---------|--------------|--------|
| Accrued acquisition contingencies                                      | $                | 967     |         | $      | 958 |   |
| Working capital purchase price adjustment related to Internet.com Sale |             | — |         |   | 399 |   |
| Cash received on behalf of the acquirer of the Internet.com business   |             | 201     |         |   | 7 |   |
| Customer overpayments                                                  |             | 506     |         |   | 143 |   |
| Accrued professional fees                                              |             | 248     |         |   | 261 |   |
| Accrued property and capital taxes                                     |             | 196     |         |   | 108 |   |
| Other                                                                  |             | 398     |         |   | 288 |   |
| Total                                                                  | $                | 2,516   |         | $      | 2,164 |   |

----

|                                                                                          |   | Three Months EndedJune 30, |    |   | Six Months EndedJune 30, |   |
|-----------------------------------------------------------------------------------------------|--------|----------------------------|---------|--------|--------------------------|--------|
|                                                                                          |   | 2009                       |    |   | 2010                     |   |   | 2009 |   |   | 2010 |   |
| Net loss                                                                                      |   | $                          | (1,213  | )      |                     | $      | (968 | ) |   | $ | (9,882 | ) |   | $ | (2,886 | ) |
| Foreign currency translation adjustment                                                       |   |                       | (10     | )      |                     |   | — |   |   |   | (1,558 | ) |   |   | 1 |   |
| Reclassification adjustment for loss included in net income related to foreign currency       |   |                       | — |   |                     |   | — |   |   |   | 1,163 |   |   |   | — |   |
| Change in fair value of interest rate swap, net of income taxes                               |   |                       | — |   |                     |   | — |   |   |   | 320 |   |   |   | — |   |
| Reclassification adjustment for loss included in net income related to the interest rate swap |   |                       | — |   |                     |   | — |   |   |   | 4,328 |   |   |   | — |   |
| Total comprehensive loss                                                                      |   | $                          | (1,223  | )      |                     | $      | (968 | ) |   | $ | (5,629 | ) |   | $ | (2,885 | ) |

----

----

| Item 2. | Management’s Discussion and Analysis of Financial Condition and Results of Operations |
|---------|---------------------------------------------------------------------------------------------|

|   | ● | fees charged for online job postings; |
|--------|---------|---------------------------------------|

|   | ● | attendee registration fees for our online and in-person courses; |
|--------|---------|------------------------------------------------------------------|

|   | ● | advertising on our Websites and e-mail newsletters; |
|--------|---------|-----------------------------------------------------|

|   | ● | attendee registration fees to our trade shows; |
|--------|---------|------------------------------------------------|

|   | ● | exhibition space fees and vendor sponsorships to our trade shows; and |
|--------|---------|-----------------------------------------------------------------------|

|   | ● | subscription sales for our paid services. |
|--------|---------|-------------------------------------------|

----

|                | Three Months EndedJune 30, |   |   | 2009 vs. 2010 |   |   | Six Months EndedJune 30, |   |   | 2009 vs. 2010 |   |
|---------------------|---------------------------------|--------|--------|---------------|--------|--------|--------------------------|--------|--------|---------------|--------|
|                | 2009                            |   |   | 2010          |   |   | $                        |   |   | %             |   |   | 2009 |   |   | 2010 |   |   | $ |   |   |  % |   |
|                |                            |   |   |          |   |   |                     |   |   |          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Online job postings | $                               | 434    |   |          | $      | 911    |                     |   | $      | 477           |   |   |   | 110 | % |   |   | $ | 920 |   |   | $ | 1,703 |   |   | $ | 783 |   |   |   | 85 | % |   |
| Education           |                            | 455    |   |          |   | 451    |                     |   |   | (4            | )      |   |   | (1 | ) |   |   |   | 941 |   |   |   | 914 |   |   |   | (27 | ) |   |   | (3 | ) |   |
| Advertising         |                            | 156    |   |          |   | 422    |                     |   |   | 266           |   |   |   | 171 |   |   |   |   | 293 |   |   |   | 753 |   |   |   | 460 |   |   |   | 157 |   |   |
| Trade shows         |                            | 173    |   |          |   | 452    |                     |   |   | 279           |   |   |   | 161 |   |   |   |   | 377 |   |   |   | 566 |   |   |   | 189 |   |   |   | 50 |   |   |
| Other               |                            | 212    |   |          |   | 217    |                     |   |   | 5             |   |   |   | 2 |   |   |   |   | 440 |   |   |   | 421 |   |   |   | (19 | ) |   |   | (4 | ) |   |
| Total               | $                               | 1,430  |   |          | $      | 2,453  |                     |   | $      | 1,023         |   |   |   | 72 | % |   |   | $ | 2,971 |   |   | $ | 4,357 |   |   | $ | 1,386 |   |   |   | 47 | % |   |

----

----

|             |   | Three Months EndedJune 30, |   |   | 2009 vs. 2010 |   | Six Months EndedJune 30, |   |   | 2009 vs. 2010 |   |
|------------------|--------|----------------------------|--------|--------|---------------|--------|--------------------------|--------|--------|---------------|--------|
|             |   | 2009                       |   |   | 2010          |   |                     | $      |   |          | %      |   | 2009 |   |   | 2010 |   |   | $ |   |   | % |   |
| Interest income  |   | $                          | 157    |   |          | $      | 196                      |   |   | $             | 39     |   |   |   | 25 | % |   | $ | 158 |   |   | $ | 213 |   |   | $ | 55 |   |   |   | 35 | % |   |
| Interest expense |   |                       | (185   | )      |          |   | (203                     | )      |   |          | (18    | ) |   |   | (10) | % |   |   | (1,492 | ) |   |   | (433 | ) |   |   | 1,059 |   |   |   | 71 | % |   |

|                                | Six Months EndedJune 30, |    | 2009 vs. 2010 |   |
|-------------------------------------|--------------------------|---------|---------------|--------|
|                                | 2009                     |    |          | 2010   |   | $ |   |   | % |   |
| Operating cash flows                | $                        | (6,324  | )             |   | $ | (1,432 | ) | $ | 4,892 |   |   | 77 | % |   |
| Investing cash flows                |                     | 89,089  |          |   |   | (162 | ) |   | (89,251 | ) |   | (100 | ) |   |
| Financing cash flows                |                     | (80,935 | )             |   |   | 59 |   |   | 80,994 |   |   | 100 |   |   |
| Purchases of assets and other       |                     | (1,577  | )             |   |   | (135 | ) |   | 1,442 |   |   | 91 |   |   |
| Purchases of property and equipment |                     | (52     | )             |   |   | (27 | ) |   | 25 |   |   | 48 |   |   |

----

|                      |   | As of                 |   |   | 2009 vs. 2010 |   |
|---------------------------|--------|-----------------------|--------|--------|---------------|--------|
|                      |   | December 31,2009 |   |   | June 30,2010  |   |   | $ |   |   |   | % |   |
| Cash and cash equivalents |   | $                     | 15,012 |   |          | $      | 13,476 |   |   | $ | (1,536 | ) |   |   | (10 | )% |   |
| Accounts receivable, net  |   |                  | 500    |   |          |   | 660 |   |   |   | 160 |   |   |   | 32 |   |   |
| Loan from related party   |   |                  | 6,197  |   |          |   | 6,047 |   |   |   | (150 | ) |   |   | (2 | ) |   |
| Working capital           |   |                  | 13,543 |   |          |   | 10,887 |   |   |   | (2,656 | ) |   |   | (20 | ) |   |

----

| Item 3. | Quantitative & Qualitative Disclosures about Market Risk |
|--------------|--------------------------------------------------------------|

| Item 4. | Controls and Procedures |
|--------------|-------------------------|

----

| Item 1. | LEGAL PROCEEDINGS |
|--------------|-------------------|

| Item 1A. | RISK FACTORS |
|---------------|--------------|

| Item 2. | UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS |
|--------------|-------------------------------------------------------------|

| Item 3. | DEFAULTS UPON SENIOR SECURITIES |
|--------------|---------------------------------|

| Item 4. | (REMOVED AND RESERVED) |
|--------------|------------------------|

| Item 5. | OTHER INFORMATION |
|--------------|-------------------|

| Item 6. | EXHIBITS |
|--------------|----------|

| ExhibitNumber |    | Description                                                                                                            |
|---------------|--------------|------------------------------------------------------------------------------------------------------------------------|
| 31.1          |    | Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002                                                |
| 31.2          |    | Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002                                                |
| 32.1          |    | Certification Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 |
| 32.2          |    | Certification Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 |

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|   | WebMediaBrands Inc.                                                                                                                                                                                                                                                                                                                             |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                                                                                                                                                                                                                 |
|   |                                                                                                                                                                                                                                                                                                                                                 |
|   |                         /s/ Alan M. Meckler                                      |
|   | Alan M. Meckler                                                                                                                                                                                                                                                                                                                                      |
|   | Chairman and Chief Executive Officer                                                                                                                                                                                                                                                                                                                 |
|   |                                                                                                                                                                                                                                                                                                                                                 |
|   |                                                                                                                                                                                                                                                                                                                                                 |
|   |                         /s/ Donald J. O’Neill                              |
|   | Donald J. O’Neill                                                                                                                                                                                                                                                                                                                              |
|   | Vice President and Chief Financial Officer                                                                                                                                                                                                                                                                                                           |
|   | (Principal Financial Officer and Chief Accounting Officer)                                                                                                                                                                                                                                                                                      |

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